Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Russia has lost economic competition with Europe: Foreign Minister Mitov

Photo: BGNES

At a roundtable in Sofia organized by the European Council on Foreign Relations Bulgarian Foreign Minister Daniel Mitov has said that Russia has lost economic competition with Europe and military competition with NATO. As arguments Mitov has pointed to the fact that the EU GDP is about 6 times the GDP of Russia and that Europe’s trade volume is 4 to 7 times Russia’s trade volume. In the meantime though despite the trend of Moscow allocating more funds to military projects NATO has 10 times bigger financial resources, the Bulgarian Foreign Minister has said.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Илияна Йотова

Vice-President Iliana Iotova: President will not appoint caretaker cabinet with Interior Minister Kalin Stoyanov

Dimitar Glavchev has a second chance to present a cabinet that will ensure the holding of fair and transparent elections , so that we can have a new government in a few months, Vice President Iliana Iotova told journalists. Ms Iotova attended the..

published on 8/24/24 4:02 PM

MEP asks European Commission about alleged biased inspections against DPS-run municipalities

MEP Ilhan Kyuchyuk has sent written questions to the European Commission regarding reports of large-scale biased inspections by the General Directorate for Combating Organised Crime, the Anti-Corruption Commission, the National Revenue Agency and other..

published on 8/24/24 1:05 PM

President Radev: The glory of Shipka Epopee remains unsurpassed

"There are many places in Bulgaria that preserve the memory of the struggles for national liberation, but the glory of the Shipka Epopee remains unsurpassed, " President Rumen Radev wrote on his Facebook page on the occasion of the 147th anniversary of..

published on 8/24/24 12:41 PM